U.S. Stock Futures Poised to Open Lower on Monday

U.S. stocks are set to open sharply lower on Monday. On Sunday night, Dow Jones Industrial Average futures lost about 300 points, or 0.1%, while the S&P 500 futures lost 1.2% and Nasdaq Composite futures lost 1.8%.

On Sunday, Secretary of State Antony Blinken said the U.S. was talking to its Allies about a possible ban of Russian oil imports, a signal the position has shifted from last week. The White House has been wary of making any move that might raise the price of oil further, and lead to higher gasoline prices for consumers. Gas prices already reached highs not seen since 2008 on Sunday.

This week’s earnings include: Dick’s Sporting Goods, Petco, and Stitch Fix on Tuesday; Campbell Soup, CrowdStrike Holdings and Oatly Group on Wednesday; and DocuSign, JD.com, Oracle, Rivian Automotive, and Ulta Beauty on Thursday.

Annual meetings are also featured this week. Analog Devices , Qualcomm , and Walt Disney hold theirs on Wednesday and eBay has its meeting on Thursday. General Electric hosts an investor day on Thursday and AT&T will present on Friday.

Here Are 7 Stocks to Play the Rally in Natural Gas

The invasion of Ukraine—and Europe’s reliance on Russian energy—spotlights the strategic importance of American natural gas.It also opens up another opportunity for U.S. producers, whose stock prices do not adequately reflect the growing global demand for gas.

Even after doubling in price over the past year, natural gas remains cheap in the U.S. compared with the rest of the world—roughly a 10th of what Europe pays. Arun Jayaram, a J.P. Morgan analyst, expects U.S. prices to close part of the gap.

High-Yielding Stocks Are Often Too Good to Be True. Not These.

In a low interest-rate world, the promise of a 7%-plus dividend yield sounds too good to be true, and with most stocks it usually is. But there’s a corner of the market where rich dividends are attractive and arguably underpromoted. Welcome to the world of business development companies.

BDCs are a public play on private credit. Created by Congress in 1980 to spur investment in small and midsize private businesses, BDCs raise capital from investors to purchase portfolios of debt and equity in companies generally valued at...

Oil Prices Are Climbing. Here’s How the Cost of a Barrel Could Reach $185.

Oil at $100 once seemed like a pipe dream. Now with oil over $110, everyone is wondering how high it will go. Strategists at JPMorgan now say $185 isn’t out of the question.

It was only two years ago that oil was trading with a negative value as demand was crushed by the pandemic. But the recovery from Covid-19 has changed that dynamic and now there’s less supply than there is demand.

Russia’s Economy Will Get Even Worse. 50-50 Odds on a Russian Bond Default.

The West wanted to keep oil and gas sales out of its unprecedented economic sanctions on Russia. It’s not working.

Energy exports were meant to keep flowing, even as the U.S. and European Union cut off seven Russian banks from the Swift global payments system, and froze most of the Russian central bank’s foreign reserves. Traders and consumers of those exports aren’t sure they can thread this needle. “More than half the hydrocarbons originating in Russia are not settling,” says Mike Edwards, deputy chief investment officer..

Source: https://www.barrons.com/articles/stock-market-dow-futures-51646609653

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